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TECHNOLOGY

Tata Elxsi Shares Climbed Over 2.5% on Partnership With Accuknox 

Tata Elxsi’s shares surged after it announced a strategic collaboration with Accuknox.

On Friday, Tata Elxsi’s shares surged more than 2.5% after the Tata Group design and technology services provider announced a strategic collaboration with Accuknox to provide 5G managed security services for telecom carriers and enterprises.

Tata Elxsi’s shares hit an intraday high of Rs 7,995.00, 2.62% higher than its previous closing price on the National Stock Exchange (NSE). At 2:45 pm, the stock was trading 0.85% higher at Rs 7,856.95

Tata Elxsi announced in an exchange filing that it has partnered with Accuknox, whereby it will integrate its NEURON product suite with the latter’s NIMBUS, offering telecom operators a comprehensive solution for building autonomous networks to secure Cloud, Edge/IoT and 5G Assets.

NEURON is a telecom automation platform comprising a comprehensive suite of transformation products, including NEURON Telco Cloud (to facilitate 5G rollout) and NEURON Dark NOC (to automate 5G NOC operations), tailored to aid operators in constructing autonomous networks. 

NIMBUS is a cloud-native security solution developed by Accuknox that can identify crucial network and host security policies through environment profiling. NEURON and NIMBUS offer smart, sophisticated end-user interactions, digital twin capabilities, artificial intelligence and machine-learning algorithms for predictive intelligence.

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